by Portfolio Grader | August 7, 2013 12:00 pm
This week, 21 Commercial Banking stocks are improving their overall rating on Portfolio Grader[1]. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
Pinnacle Financial Partners (NASDAQ:PNFP[2]) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Pinnacle Financial Partners is a holding company for Pinnacle National Bank. In Portfolio Grader’s specific subcategory of Earnings Revisions, PNFP also gets an A. The stock price has risen 6.2% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of PNFP stock[3].
Taylor Capital Group (NASDAQ:TAYC[4]) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Taylor Capital Group is a bank holding company for Cole Taylor Bank. For more information, get Portfolio Grader’s complete analysis of TAYC stock[5].
BSB Bancorp Inc (NASDAQ:BLMT[6]) is seeing ratings go up from a C last week to a B this week. BSB Bancorp operates as a bank holding company. For more information, get Portfolio Grader’s complete analysis of BLMT stock[7].
BNC Bancorp (NASDAQ:BNCN[8]) shows solid improvement this week. The company’s rating rises from a C to a B. BNC Bancorp offers products and services to individuals and small- to medium-sized local businesses. For more information, get Portfolio Grader’s complete analysis of BNCN stock[9].
Wells Fargo’s (NYSE:WFC[10]) ratings are looking better this week, moving up to a B from last week’s C. Wells Fargo provides financial services in mainly wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance and commercial finance. For more information, get Portfolio Grader’s complete analysis of WFC stock[11].
This week, PacWest Bancorp (NASDAQ:PACW[12]) pushes up from a C to a B rating. PacWest Bancorp is the holding company for Pacific Western Bank. For more information, get Portfolio Grader’s complete analysis of PACW stock[13].
The rating of U.S. Bancorp (NYSE:USB[14]) moves up this week, rising from a C to a B. U.S. Bancorp provides banking and financial services. For more information, get Portfolio Grader’s complete analysis of USB stock[15].
This is a strong week for Huntington Bancshares (NASDAQ:HBAN[16]). The company’s rating climbs to B from the previous week’s C. Huntington Bancshares is a multi-state bank holding company. For more information, get Portfolio Grader’s complete analysis of HBAN stock[17].
Independent Bank Corp. (NASDAQ:INDB[18]) improves from a C to a B rating this week. Independent Bank is the holding company for Rockland Trust. For more information, get Portfolio Grader’s complete analysis of INDB stock[19].
First Financial Bankshares (NASDAQ:FFIN[20]) earns a B this week, jumping up from last week’s grade of C. First Financial Bankshares is a multi-bank holding company. For more information, get Portfolio Grader’s complete analysis of FFIN stock[21].
Pacific Continental Corp. (NASDAQ:PCBK[22]) gets a higher grade this week, advancing from a B last week to an A. Pacific Continental Bank is a bank holding company that provides commercial banking, financing, and mortgage lending in parts of Washington state and Oregon. For more information, get Portfolio Grader’s complete analysis of PCBK stock[23].
First Community Bancshares (NASDAQ:FCBC[24]) is seeing ratings go up from a C last week to a B this week. First Community Bancshares is the holding company for First Community Bank. For more information, get Portfolio Grader’s complete analysis of FCBC stock[25].
The rating of Bryn Mawr Bank (NASDAQ:BMTC[26]) moves up this week, rising from a C to a B. Bryn Mawr Bank offers a full range of personal and business banking services. For more information, get Portfolio Grader’s complete analysis of BMTC stock[27].
This week, Banco de Chile (NYSE:BCH[28]) pushes up from a C to a B rating. NonactiveBanco de Chile provides a wide customer base of individuals and corporations with general banking services. The current dividend yield is 3.3%. For more information, get Portfolio Grader’s complete analysis of BCH stock[29].
BOK Financial (NASDAQ:BOKF[30]) shows solid improvement this week. The company’s rating rises from a C to a B. BOK Financial provides a range of financial services to commercial and industrial customers, other financial institutions, and consumers in the United States. For more information, get Portfolio Grader’s complete analysis of BOKF stock[31].
Glacier Bancorp’s (NASDAQ:GBCI[32]) ratings are looking better this week, moving up to a B from last week’s C. Glacier Bancorp is a regional multi-bank holding company providing commercial financial services to individuals and corporations. For more information, get Portfolio Grader’s complete analysis of GBCI stock[33].
Washington Trust Bancorp (NASDAQ:WASH[34]) boosts its rating from a C to a B this week. Washington Trust offers a range of financial services to individuals and businesses, including wealth management. For more information, get Portfolio Grader’s complete analysis of WASH stock[35].
This week, First Connecticut Bancorp Inc.’s (NASDAQ:FBNK[36]) ratings are up from a C last week to a B. First Connecticut Bancorp operates as the holding company for Farmington Bank that provides consumer and commercial banking services to businesses, individuals, and governments in central Connecticut. For more information, get Portfolio Grader’s complete analysis of FBNK stock[37].
This is a strong week for First Financial Holdings (NASDAQ:SCBT[38]). The company’s rating climbs to A from the previous week’s B. South Carolina Bank and Trust is a bank holding company that provides retail and commercial banking, mortgage lending, consumer finance loans, and trust and investment services. For more information, get Portfolio Grader’s complete analysis of SCBT stock[39].
Canadian Imperial Bank of Commerce (NYSE:CM[40]) earns a B this week, jumping up from last week’s grade of C. Canadian Imperial Bank of Commerce is a global financial institution that serves clients through CIBC retail markets and wholesale banking. The stock’s dividend yield is 3.7%. For more information, get Portfolio Grader’s complete analysis of CM stock[41].
This is a strong week for Bank of Nova Scotia (NYSE:BNS[42]). The company’s rating climbs to B from the previous week’s C. Bank of Nova Scotia offers various personal, commercial, corporate, and investment banking services in Canada and internationally. At present, the stock has a dividend yield of 2.3%. For more information, get Portfolio Grader’s complete analysis of BNS stock[43].
Louis Navellier’s proprietary Portfolio Grader[44] stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here[45].
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